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The Latin “Primum non nocere”, which translates to “ first, do no harm” , has been a guiding principle for physicians since the beginning of time. It means that whatever the intervention or procedure, the patient’s well-being is the primary consideration. Although this phase is not implicit in the Hippocratic Oath, which nearly 100% of physicians recite on graduation ...

Innovation Recently I had the opportunity to participate in an annual event called Dallas StartupWeek. This event provides a forum for innovators, investors, entrepreneurs, incubators, founders and anyone interested in starting a business to network with just about anyone that has something to do with innovation and startups. The week includes programs focused on everything from gaming to social ...

During the past forty years, behavioral economics and complexity theory have emerged in helping to explain why organizations and individuals act the way they do. Behavioral economics has become very main stream because of a number of best selling authors book production including, Richard H. Thaler, Daniel Kahneman, Dan Ariely, Charles Duhigg, Jonah Berger, Steven D. Levitt, Stephen J. Dubner and ...

Happy New Year! I hope healthcare leaders are paying attention to what is going on outside of healthcare. With the potential repeal of Obamacare grasping most of the recent healthcare headlines, it’s easy to miss other business-worthy stories. In case you’ve missed the following, let me get you up to speed: 1) Sears, a 123 year old retailing giant, recently announced the closing of 150 ...

Several weeks ago The Washington Post ran an article, “Pentagon Buries Evidence of $125 Billion in Bureaucratic Waste.” This article written by Craig Whitlock and Bob Woodward told the story of a study originally authorized by Deputy Defense Secretary, Robert O. Work, in 2014. The study produced results indicating there were opportunities to save $125 billion over five years. ...